TRAI Telecom Data - Gross, Active Subscriber Additions Seeing Contrasting Trends: Motilal Oswal
Daily laborers wearing face coverings and protective masks look at a mobile phone while waiting for work in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

TRAI Telecom Data - Gross, Active Subscriber Additions Seeing Contrasting Trends: Motilal Oswal

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

The Telecom Regulatory Authority of India has released data for February 2021. Here are the key highlights:

Industry gross subscribers increased by a healthy 8.2 million month-on-month (5.6 million in January 2021 and flattish in nine months FY21) to 1.17b in February 2021, led by subscriber adds in all the three major telcos.

However, active subscribers adds at 3.2 million (reaching 982 million) were just 40% of gross adds – Reliance Jio Infocomm Ltd./Vodafone Idea Ltd. did not see any gains, and only Bharti Airtel Ltd.’s active adds were in line with gross adds.

Click on the attachment to read the full report:

Motilal Oswal Telecom Sector Update.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.